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SEC Filings

8-K
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 8-K on 07/27/2017
Entire Document
 

CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
UNAUDITED CAPITAL EXPENDITURES
(dollars in millions)

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
Actual
 
Actual
 
Actual
 
Actual
 
 
 
 
 
 
 
 
Customer premise equipment (a)
$
1,017

 
$
378

 
$
1,724

 
$
515

Scalable infrastructure (b)
382

 
386

 
650

 
496

Line extensions (c)
297

 
171

 
545

 
218

Upgrade/rebuild (d)
145

 
110

 
252

 
151

Support capital (e)
307

 
215

 
532

 
309

 
 
 
 
 
 
 
 
   Total capital expenditures
$
2,148

 
$
1,260

 
$
3,703

 
$
1,689

 
 
 
 
 
 
 
 
Capital expenditures included in total related to:
 
 
 
 
 
 
 
Commercial services
$
334

 
$
196

 
$
602

 
$
260

Transition (f)
$
86

 
$
111

 
$
162

 
$
164

 
 
 
 
 
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
Actual
 
Pro Forma (g)
 
Actual
 
Pro Forma (g)
 
 
 
 
 
 
 
 
Customer premise equipment (a)
$
1,017

 
$
651

 
$
1,724

 
$
1,412

Scalable infrastructure (b)
382

 
640

 
650

 
1,115

Line extensions (c)
297

 
277

 
545

 
502

Upgrade/rebuild (d)
145

 
171

 
252

 
305

Support capital (e)
307

 
336

 
532

 
575

 
 
 
 
 
 
 
 
   Total capital expenditures
$
2,148

 
$
2,075

 
$
3,703

 
$
3,909

 
 
 
 
 
 
 
 
Capital expenditures included in total related to:
 
 
 
 
 
 
 
Commercial services
$
334

 
$
338

 
$
602

 
$
625

Transition (f)
$
86

 
$
111

 
$
162

 
$
164


(a)
Customer premise equipment includes costs incurred at the customer residence to secure new customers and revenue generating units, including customer installation costs and customer premise equipment (e.g., set-top boxes and cable modems).
(b)
Scalable infrastructure includes costs, not related to customer premise equipment, to secure growth of new customers and revenue generating units, or provide service enhancements (e.g., headend equipment).
(c)
Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
(d)
Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including betterments.
(e)
Support capital includes costs associated with the replacement or enhancement of non-network assets due to technological and physical obsolescence (e.g., non-network equipment, land, buildings and vehicles).
(f)
Transition represents incremental costs incurred to integrate the Legacy TWC and Legacy Bright House operations and to bring the three companies' systems and processes into a uniform operating structure.
(g)
Pro forma results reflect certain acquisitions of cable systems in 2016 as if they occurred as of January 1, 2015.


Addendum to Charter Communications, Inc. Second Quarter 2017 Earnings Release
Page 8 of 8